According to a Bloomberg article dated 27 May 2016, Somalia plans to print new official banknotes that will circulate in parallel with US dollars by early 2017. The International Monetary Fund is helping Somalia print and circulate the currency, said Bashir Issa Ali, governor of Somalia’s central bank. Most Somali
According to an article in SomaliaReport dated 9 March 2012, Farah Ali Shire, minister for finance for Somalia’s semi-autonomous region of Puntland, announced that they will print new and various denominations of hte Somali shilling to replace the current single 1,000-shilling note. The new notes will be used in Puntland
There’s an interesting article on Somalilandpress dated 28 May 2011 which discusses Somaliland’s efforts to replace Somali banknotes in its region. Courtesy of Richard Miranda.
According to a Garoweoneline article dated 16 May 2010, a private jet is said to have delivered to Mogadishu a total of 22 million worth of Somali shilling notes, supposedly printed in Malaysia. The central bank had previously announced plans to have Sudan print new notes at a cost of
On 3 May 2009, the Sudanese News Agency reported that Sudan’s government said it would print new currency for the Somali government. The finance minister of the Somali government, Sharif Hassan Sheik Adan, met in the Sudanese capital of Khartoum on April 29, to talk with Sudan’s minister for finance,
According to a Reuters report dated 29 March 2008, Somalia’s central bank plans to revamp the country’s currency because of a flood of fake notes printed by warlords and businessmen. Addressing donors meeting in neighbouring Kenya, the bank’s director general, Sharif Mohamed Hassan, said “greedy” individuals had pumped counterfeit cash